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's entire economy. we can't afford it and we can't afford to leave it intact. so try as they might, remember the last congress republicans passed a lot of bills out of the house of representatives that tore apart obama care. as even the president calls it now. they didn't go anywhere in the senate and meanwhile, alex, after the thanksgiving break, the principles are expected to get back together to begin negotiating in earnest. as you're right the clock is ticking. just a little bit more than one month to go before the nation heads over that fiscal cliff. al alex? >> 38 days and counting. thanks so much. let's go from the white house to the middle east now. palestinians and israelis are keeping a cease-fire alive. but many call the truce extremely fragile. an attempted border breach threatened the calm yesterday. israeli forces shot and killed a palestinian man. he was one of hundreds testing israeli security at the border. nbc's martin fletcher is live for us in tel aviv. good saturday morning to you, martin. can this shooting jeopardize the cease-fire? and then when does the next phase beg
obama term in office? the economy, the fiscal cliff talks, the president's priorities in the next four years. our roundtable is here. david brooks of "the new york times." msnbc's reverend al sharpton. former ceo of hewlett-packard carly fiorina >> historian and film maker ken burns. and nbc chief foreign affairs correspondent andrea mitchell. and we'll here from representative gregory meeks this morning as we check in on some of the hardest-hit victims of hurricane sandy and see how they offered thanks this weekend while surrounded by destruction. >>> from nbc news in washington, the world's longest-running television program, this is "meet the press." with david gregory. >>> president obama doing his part for the economy over the weekend out holiday shopping as part of small business saturday, picking up several children's book at an independent bookstore iypÑarlington. >>> meanwhile, uncertainty in the middle east. more clashes in egypt over the weekend as police use tear gas this morning to disburse protesters in cairo. i want to start there. we have "new york times" columnist dav
, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable program when the national debt exceeds the size of our country's entire economy. we can't afford it, and can't afford to leave it intact. is john boehner right? >> no. look, it's a law that does a lot of things with the health care system. it's not predominantly a fiscal issue, in that that when the government does anything, it affects taxes. if you're the president you have no incentive to allow the health care law to be on the table in these negotiations. maybe on the edges there are a few spending programs you're willing to negotiate over. but in terms of the health insurance mandate and exchanges, all the things in this complicated law that passed two years ago, you're really going to draw the line and say, we're not g
the entire economy because we're not confident that our guys can govern anymore. people like me just aren't hiring because we're not confident they can do it. >> well, the white house echoed that concern this morning. a new report says failing to act on the president's plan for middle class americans would freeze the economic recovery. obama's plan includes lower taxes on the first $250,000 earned by every american and tweaking the alternative minimum tax. the white house report estimates that consumer spending would fall by $200 million. now that's more than three times what consumers spent just over this entire holiday weekend. there could be a drag on a range of industries from cars and housing to restaurants and supermarkets, if congress can't reach a deal. and look, pocketbook issues are not the only problem here. carl levin, the democratic senator and chair of the armed services committee said automatic cuts to government spending could impact public safety. >> i think you should be worried if you have a defense job and we all ought to be worried whether we are dependent upon other
that are behind these numbers are relate primarily to the economy and as we all know the economy is still sluggish but there is improvement. >> aaa estimates that 40% of travelers left the day before thanksgiving and 36% returning today and 25% tomorrow. it could be a long journey home. this is what it looked like on the 405 on los angeles on the big get away day with traffic backed up for miles. and on thanksgiving morning as drivers headed out on i-10 east in beamont, texas. a husband and wife were killed and 100 injured and the trail of wreckage stretched for two miles. forecasters say more fog and snow in parts of the midwest and northeast could make it trougher getti tougher getting home after a long holiday weekend. >> reporter: again, as this afternoon goes on, we're going to see the traffic build on this road. about a 10% drop, alex, than they spent last year. >> michelle franzen there. here's a big question. will the weather cooperate for travelers out there? here with the travel forecast to answer that for us is dylan. >> most areas will cooperate. you're just dealing with the traffic as
will it do to our economy? >> i don't think it will do that much. i think people will assume a solution will be found quite promptly. it's a little like the debt ceiling question. people know -- the rest of the world may think we're idiotic at times but don't think we're going to commit suicide. so i think if -- i hope something gets worked out before january 1st. if it goes a little bit beyond that, i don't think -- >> if it's january 10th -- >> if you guaranteed me that the fiscal cliff, we would go past that, i wouldn't sell a share of stock today. >> you have confidence that in the end they will fix it? >> and that this economy works. >> he is confident of a deal huh? >> he really does. he believes there's a possibility -- he thinks it will take some time. first thing he wants to see is a minimum tax, which they can do now in terms of people who make more than a million dollars, minimum tax you have to pay it before you do the tax reform. too many competing interests to get it done immediately. interesting man. we'll have more from him. >>> to republican politics,
to cripple the syrian economy. eight round-trip flights between moscow and damascus delivering more than 200 tons of, quote, bank notes into syria. u.s. and european sanctions include a ban on syrian currency in an attempt to slow the violence that's killed thousands of people. syria and russian officials have so far not responded to the reports. >>> overseas tens of thousands are rallying today in cairo's tahrir square protesting what they view as a blatant power grab by president mohamed horsey. with tensions mounting yesterday, morsi appeared to soften his controversial attempt to award himself near absolute power above the reach of the law. in a vaguely worded statement, morsi spokesman backtracked slightly saying that only acts of sovereignty would be immune from oversight. >>> well, u.s. consumers went big this weekend for small business saturday. millions of holiday shoppers spent a total of $5.5 billion during the third annual local business shopping event. mika spent half of that in the south of france. and that's not even counted in that tally. for more on the holiday shopping seas
on the economy running in to the holiday season. so we have the better housing numbers, up 3.6%. then we had a stronger consumer confidence number and we're seeing the best consumer confidence since, what, february 2008. let's put it in context. we're just in 73 territory on the digits. 90 would be where the economy would be if everybody was happy with their lot. and we're still some way away from that 90 figure. but apparently things improving on the fact employment is picking up. so it would appear that things are getting brighter for the u.s. economy, but, boy, we still need to bang some heads together on this fiscal cliff because until we're going somewhere on on that, these markets are treading water right now. back to you. >> all right, geoff cutmore live in london. thanks. >> what would you do with 500 pll million? >> i would say that's gambling and that when we cover the story, we ought to talk about the draw backs on people being taken advantage of and never get any money. >> t.j., how close did you get to becoming extraordinarily wealthy just this time last week? >> pretty close. o
line, if you're a retail giant and just trying to get the most you can in a tough economy, do you see why they want to get out there and just get a jump-start and open up tonight? >> i definitely do, especially in the economic times understand why they would open. however, they are claiming to have consulting every employee's work schedule and requests but i can guarantee that not every single employee was personally consulted as to whether they wanted to work thanksgiving or black friday. target also flat-out ignored availability. for example, my fellow coworker never works fridays due to previous childcare arrangements with her daughter and she is scheduled to work black friday anyway. >> clearly it is not making people happy, but i thank you for coming in to share your thoughts. happy thanksgiving. >>> coming up, if congress can't get a deal done, how will it impact your pocketbook in the new year? >>> plus, how victims of hurricane sandy won't be forgotten this holiday. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe
it to capitalize on that robust stoo robust start, the white house issued its own report warning the economy will sink if the impasse isn't resolved. >> i think evidence like this is one reason why retailers are so concerned that congress has not yet extended the middle class tax cuts. >> house republicans have their own dueling public opinion events planned, if you will. the house gop leaders will meet with ceos on wednesday that are part of a group called the campaign to fix the debt founded by erskine bowles and allen simpson. this is a move, by the way, boehner is embracing it in a way he didn't a year and a half ago. bowles will be there in case voters forgot the plan that included $800 billion in new revenue, aka taxes, the amount boehner put on 0 the table last summer, less than the $1.6 trillion the president is calling for. both the white house and boehner face pressure from their own bases that will make compromise more difficult. it's unclear what the white house means when they say entitlement reform. jay carney made it clear what that phrase does not mean. when you say entitleme
which means fewer jobs and that can drag our entire economy down. now, the good news is, there's a better option. right now, as we speak, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody's. and that means that 98% of americans and 97% of small businesses wouldn't see their income tacks go up by a single dime. 98% of americans, 97% of small businesses would not see their income tacks go up by a single dime. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. so it's not like folks who make more than 250 aren't getting a tax break, too. they are getting a tax break on the first 250 just like everybody else. families and small businesses would, therefore, be able to enjoy some peace of mind heading into christmas and heading into the new year. and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits, to streamline our tax system, to do it in a balanced way, including asking the wealthiest americans to pay a little more so w
represented their interests. >> we also have a terrible economy. a weak economy is the only reason they're in the game. i'm going to end this conversation because i don't think it's been resolved, erin, and i -- erin, you made a good case for younger people. that's the future of every party. go younger. the problem is they have to decide ideologically can they compete for seats in pennsylvania, maybe not massachusetts, but new jersey, connecticut, new england? are they going to give you up a portion of the country and say, we're going to make our votes in the south? that's a problem they have right there. they've given up both coasts, by the way. that's my argument, not yours. robert, thank you for coming in tonight. happy thanksgiving. you should be in cars heading home. erin, you've been doing great this year. great coverage. >>> coming up, republicans aren't the only ones fighting among themselves. some progressives are warning president obama, they don't like this debt reduction deal, they'll let people hear. the big question is, so what? we're not having any more campaigns. anyway,
their first priority is a life issue. they say doesn't matter the economy if you don't ever have life -- >> why should a choice person vote for the continuation of this republican platform which says from the moment of conception that unborn child or fetus is a citizen with rights of property, life, and liberty? >> there are plenty of people that are pro-choice republicans that are out there just like there are plenty of pro-life democrats out there because they're going to pick their own preferences. i would disagree this party is demographically falling apart when a 49%/51% election just occurred. you look at the house of representatives and you have this large percentage of republicans there. we still are a very divided nation. >> it's going to be about 47%, and most americans voted in the house races, most americans did vote for democrats. because of gerrymandering your party got a big majority, but that's because of gerrymandering. >> it's because the democrats waste a lot of votes in big city democratic districts. 99% of the vote. >> i want to say something very important about
for the bailout money. it's a cold shower for anybody getting excited about the economy heating up a new economic report sends a dire warning about the world's economic health. predicts that europe's economy's going to shrink and the u.s. economy is about to take a sharp turn downward. richard quest from london, tell us about this group. is it a bunch of economists sitting around in an office, dealing with real numbers they're crunching? why the dire predixz. >> no, these are serious, severe people. the organization for economic cooperation and development oecd, the rich country's club. 34 developed countries, that is if your gdp per capita over $15,000. long way of saying, extremely respectable, extremely respected. what they are warning, and i've got the numbers in front of me, take the united states. it said they project the u.s. will grow this year to 2.2%, slow down next year to 2%, before picking up in 2014 to 2.8%. but so much so far, so good. the risk is all in the future. i'm going to read it now. according to the oecd the world economy risk, suzanne, is because of the fiscal cliff in th
's comment was look, tax increases slow economic growth. tax increases take resources out of the real economy and allow the government to grow and grow. that's always a bad idea. that's not a good idea some years and a bad idea others. leeches, doctors don't put leeches on people ever, it's wrong. don't do it. it doesn't make people stronger. raising taxes, taking money out of the economy, damages the economy, kills jobs, reduces opportunities. >> you know, the latest cnn polls that just came out this week say you're wrong. two or three americans, including a majority of republicans, say the fiscal cliff should be addressed with a mix, a mix of spending cuts, yes, but also tax increases and if there's no deal according to these polls, they're going to blame republicans more than they blame the president. all the best evidence right now suggests the public wants to see the republicans compromise on this tax question. so from a political standpoint, is it okay for lawmakers to ignore the pledge that they gave earlier? >> well, the challenge is that the pledge that they made and that every two y
economy will look like in worker bees and retirement bees. >> now and -- >> you're playing defense here tonight. don't join us as a commentary. what's the story about your party. i see it -- i get increasingly aware, as you watch this show develop over the last 18 years in different forms, i get increasingly aware there's all white people at the table. a sunday show, for example, you get a sense, there's something wrong with this picture. do republicans have that sensitivity? talmage is -- >> she mentioned rogers, the number four people -- >> what do they do? >> they hold conferences every week. they run the retreats. >> run the retreats? >> john boehner -- >> you're getting in deeper and deeper. >> they run the caucus meetings every week. she runs the caucus, decides which speakers come in. vice chair of the caucus, lynn jenkins, virginia fox -- >> what's a more important position, chairman and vice chairman of the caucus or speaker of the house -- >> or committee chair. >> any of the committees. >> caucus chairman trumps the committee chairmanship. i've been both. i've been in the lea
to reach a sweet deal. >> reporter: more uncertainty over the unstable greek economy. european be officials failed to reach a deal on giving greece more aid. financial leaders had differences over how long greece should be given to reduce its debt. they need to agree on the issue before greece to receive its next bailout loan. >> asian markets shook off the news and headed higher as the yen hit a seven month low. nikkei add 1% to finish at a two month low while the hang seng gained 1%. federal reserve chairman ben bernanke is pushing for a compromise on the fiscal cliff. in a speech tuesday he said if president obama and congress can resolve the crisis unemployment would go down and the economy would grow. falling oil prices and an announcement that hewlett packard is taking a $9 billion write down. the dow lost just over seven points while the nasdaq was mostly unchanged. shares of home builders rallied on news that home construction jumped in october to a four year high. construction of apartment buildings was especially strong up 10%. and it looks like hostess's twinkie is cooked. the s
of failure. >> pelley: if we go over the fiscal cliff, as it's called, what happens to the economy? >> look, if we go over the fiscal cliff, it will be very bad, hugely negative for the stock market, which is a source of people's wealth. people will feel poorer. if we go over for a short period of time and adjust it, we can repair some of those things. but what you won't repair is people's attitudes towards the united states as a responsible debtor. and that's very important. if we show that we're so irresponsible that we can't manage our affairs, people have no recourse but to invest with us today but they're going to work awfully hard to find alternatives very quickly. >> pelley: lloyd blankfein is among the world's most influential bankers, but he rarely does interviews. goldman sachs is the most successful investment bank on wall street with earnings last year of $4.4 billion. washington playing with fire? >> yes. yes. washington is playing with fire, and you don't get-- it's not like a football game where you get the two-minute warning. they don't-- you know, they don't tell you when y
of our economy. and i feel good about this, but it's not going to be cheap. we have to have reasons. there needs to be oversight so that money is not provided just frivolously, and i don't think anybody wants that. >> the numbers, though. you say it's not going to be cheap. is there a damage estimate, some estimation right now from the storm damage? >> i expect by friday or monday, tom, that we will have a bottom line figure. the governor's office is working on that right now, justifying each of the line items that would be in that proposal. so i'm very confident that we could do that either by 4:00, 5:00 friday afternoon or monday morning. i'm very confident we'll have a number to go by. i think it's going to be a lot more realistic number than you saw the governor of new york, who i have a great deal of respect for. but i didn't think that helped us in providing dollars for any of the tristate area that was affected by this storm. you need to plan this out, tow yao need to be very resolved, you need to be able to substantiate. you asked me a question before about the shore. we're
reflection on us all. now through january 2nd. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >>> welcome back to cnn sunday morning. i'm randi kaye. here are some of the stories that we're watching right now. today is expected to be one of the busiest travel days of the year. pack some patience. nearly 2.5 million thanksgiving holiday travellers will be catching a flight back home. millions more will be on the road. triple-a projecting 43.6 million americans are traveling during this long holiday weekend. that is, three million more than last year. >>> in washi
. >> if the gel oal is to raise m revenue what's the best way to do that and protect the economy? if you're able to gain more revenue by closing special loopholes and limiting them and keeping the rate down, isn't that a better outcome? >> once again, talk of tax deductions and closing loopholes, but a big note. raising tax rates, so a lot of talk but perhaps not much real movement at least for now. as for grover norquist, he told cnn's soledad o'brien today that although some republicans are discussing impure thoughts on television, they won't really act on them. >> i've had long conversations with lindsey graham. he said i would raise taxes if and then he lists this incredible list of reforms and entitlements that the democrats would never give him. as i suggested to him, i said, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> whether he does or doesn't bet on taxes, pundits in washington seem terribly impressed that senator graham and others are even talking about going against grover norquist. keeping them honest, though, outside the beltway, most p
for that the economy is finally on the mend? we're going to ask a guy who just might be the best investor ever to walk this earth. how is that for an introduction. >> pretty good. >> warren buffett, glad to have you here. >> all right. an important health warning. if you've having a grapefruit or grapefruit juice for breakfast this morning, it can have serious, even fatal side effects, if you're using certain medications. dr. nancy snyderman will be here to explain that. >> a lot of medications take. like mother, like daughter. anna nicole smith's little girl is modeling for the clothing brand guess just like her mother did. we'll have more on that story. >>> we're also going to tell you about a recent health scare for oprah winfrey. >> we want to begin with cyber monday, big success. diana alvear is live from phoenix at the amazon.com fulfillment center. good morning to you. >> reporter: lots of happy faces on the floor this morning. now that it's clear the consumers were out in full force, shopping with their laptops, their devices, turning amaz amazon.com into their top online destination. whether
see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> black friday, drew bigger crowds this year than last. so if you thought it was busier, you were right. but shoppers were less willing to part with their hard-earned dollars. black friday foot traffic jumped 3.5% with more than 370 million store visits, according to the research firm shopper track. but sales fell nearly 2% to $11.2 billion. for some shoppers, it is more apt to call yesterday black and blue friday, clever. the pushing, the shoving, the tussling, the yelling became as much a part of the consumer event as the shopping. and here now, a glimpse at some of the black friday free-for-all. ♪ >> [ bleep ]! i will stab one of you [ bleep ]! ♪ >> i literally got squished. half of my body was in that door. that was insane. >> y
of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. [ male announcer ] a european-inspired suspension, but it's not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> there are signs of the truce between israel and hamas is holding this weekend. palestinian sources say israel has eased restrictions on gazan fishermen, allowing them to go up to six miles from shore. the fishermen had been restricted from going more than about three miles into the mediterranean. also palestinian farmers have resumed tending their la
be resolved and it puts the focus again back on what's happening in the u.s. economy. what's happening in the u.s. economy? it slowly is healing job market is starting to filter into sentiment. and the housing market is showing some notable signs of improvement. this week we're going to hear more on the housing market. manufacturing sector, also some consumer data. we're going to get some fed regional reports from the federal reserve. also going to get a gauge of gdp, gross domestic product. gdp is the broadest gauge of economic growth. prior quarter was something like 2%, not great. we think that maybe they're going to think this quarter was more like 2.8%, which would show, again, that healing in the market overall. a quick focus for you on the housing market. this is something you probably felt most directly. in part because we have record low mortgage rates. last year the 30-year fixed fell to 3.31%. the 15-year fixed, this is the popular refinancing tool, 2.63%. many of you are telling me you can't qualify. i'm telling you, these rates are going to stay low for a long time so you
. >>> and concerns of a lack luster economy sure aren't evident this weekend. shoppers screaming and turning out in big numbers to the stores on black friday, leading many analysts to believe post thanksgiving sales will surpass last year's numbers after all. perhaps. online sales are also up a whopping 21% on black friday. then there's power ball fever. and it's spreading across the country. the lottery jackpot is now $325 million. that's the fourth largest jackpot in the game's history. so if you're feeling optimistic, you have until 10:00 p.m. eastern tonight to buy that $2 ticket. >>> and overseas now to egypt, where opposition to president mohamed morsi is growing. for a third straight day, protesters hit the streets demanding he rescind a decree that gives him unlimited power. we get more now from cairo. >> reporter: outrage, clashes, and anguish in tahrir. thousands of angry egyptians back in a public square that has become the arab world's emblem for the democratic right to protest. this was where egyptians demanded the ouster of former president hosni mubarak last year. this time, the f
and courtroom confidence numbers are looking pretty good. how critical is this moment in time to our economy? >> overall black friday weekend can account for up 120% of holiday season sales. consumers are always pro procrastinateor procrastinators. >> is this a big time >> it's important for retailers. >> we're building up to the fiscal cliff. how will that affect how retailers treat this holiday season? >> they are manage very carefully. if one thing came out of the recession they know how to manage. for holiday 2012 retailers bought less inventory. yes, there are discounts and they planned carefully for them but you may not have what you want if you wait too long. >> are retailers worried shoppers may spend less because they hear talk about the fiscal cliff and taxes going sfup >> that's allocated to the high end or lower income. when retailers look for they manage those high end income inventories and it's january or february. if there's discussions about it that's definitely a concern for christmas. >> we heard about the protests on walmart. they said it was bene
office the cbo and outside observers, fiscal shock of that size would sent the economy toppling back into recession. >> and it wouldn't keep saying the deal's going to get done. if not, there are real repercussions, steve. >> absolutely. but, alex, what we're looking at now, as we head into next week, the general framework for the talk for the next four weeks is kind of a two-track system. one is let's do some agreement to avoid the fiscal cliff and that may be another short-term agreement to extend the rates, extend the spending as is, or maybe a slight modification and we'll have a negotiation next year on part two the grand bargain to overhaul the tax code and spending. i think both sides go into this with the general agreement, the leaders, that is, that they're going to have a short-term solution. i think the stock market's going to take a bit of a hit in the three or four weeks until we get to that end game but i think they're moving toward that. >> david, you agree with that? we're going to get something whether permanent or a downpayment. >> i think so. neither side wants a r
to really put this economy on a stage that can really create some jobs and move it forward, the package has to be big and it has to be bipartisan. and if we do that, i think that the minute points of it, we can work around and we can negotiate. it's not going to be perfect by any stretch of the imagination, but we can work around and make it a package that will work for america. the bottom line, it's never going to happen as long as we're very, very partisan in this. now, the good news is, i think there's folks on both sides of the aisle that want to see a big package through and i think that that's going to happen because there's a new cue lus of people in the middle that want to see this happen and i think it will happen and be good for the country and future generations. >> you're speaking, of course, as a senator and there's been a lot of bipartisanship since the election from senators on both sides. >> oh, no. >> more than there had been. when you look at the house democrats and the house republicans, they seem as far apart as ever. does it concern you as a senator that this all may re
on the global economy. this morning, asian markets were mostly up on the news of record retail numbers. and wall street investors like the sight of packed stores during an abbreviated session on black friday. the dow added 172 points to once again move past the 13,000 mark. the question now is whether the shopping surge continues online today. an estimated 129 million shoppers are expected to hunt for deals on the web. retail analysts expect this cyber monday to be the biggest online shopping day of the year. the firm comscore predicts americans will spend $1.5 billion online today, an increase of 20% over last year. >> some people like the social aspect of being in the store with others, some people like to shop in bunny slippers. for some it's the anonymity and convenience of doing it 24 hours a day from their own living room. >> reporter: smartphone shopping is on the rise as well. this year an estimated 25% of shoppers are using mobile devices to find the best deal. that's nearly twice as many as last year. and the trend will likely keep going up. if you're going to be shopping online this y
the holidays and enjoy activities together. hopefully it will help the economy here in downtown. >> on friday we learned the nhl cancelled all hockey games through mid-december. many are optimistic the sharks will take to the ice before the end of the year. >> terry: 25,000 people, twice as many as last year crowded into san francisco's union square for the annual tree lighting ceremony. it was a 23rd straight year for the macy's sponsored tree lighting. how many lights? 33,000. how many ornaments 1100. it's 38 feet and it is spectacular and twice as many people as last year. it sounds good. >> lisa: yeah, for the shopping and weather will cooperate or if you are going to shop or temperatures in the 70s at beach. >> shop in shorts. >> lisa: you can do that. we are looking at haze from the sutro camera. still cold up in santa rosa in the 30s. fog up by the delta. mild in the city. we've got it all including rain heading your next. >> terry:, college hoops season, >> terry:, college hoops season, only onelet's play: [ all ] who's new in the fridge! our mystery guest: ensure complete... uh...do
a month if they can't face an agreement. the health of the american economy and maybe if it goes down to the wire the fiscal cliff story will receive 1/10 theed my ya attention as the scandalous saga of dave and paula and john and jill. joining us now here the washington is jane hall. bob cusack, managing editor of the capital nooup the hill. and amy argetsinger. why has it become synonymous with bore dom? >> well, there's no sex with it. that's the bottom line. this story is wild. the petraeus story has gone in a lot of different directions. first he resigns. then we find out why. then we find out about the other woman. the inappropriate e-mails. >> you're saying that barack obama meeting with john boehner and mitch mcconnell doesn't quite get readers as excited? >> not as titillating. >> this is what the election was fought over and yet i have the impression that a lot of the country is yawning but really many of the journalists covering the story are oning. >> there's a story about low how the mighty are falling. privacy, security, while covering the sex. >> are you suggesting that
us. come shop at our places, too. >> i hope not. they're an important part of our economy, right? >> that's a good point. small businesses are creating the lions share of jobs in this country. adding 50,000 employees in october. you look at the october jobs report. the government said private employers added 184,000 job. yeah, that's a sizeable number. we're seeing that momentum pick up over the past year. besides the jobs factor there's also a human element out there. not only are you keeping local communities afloat by shopping at these local stores, there's kind of a camaraderie when you walk into a locally owned family business and everybody knows your name and they want to help you. you're not just going in, sliding your credit card and walking out and feeling like just a number. you feel like you're actually welcomed into the store and you're helped personally. >> absolutely. that is a good part of being a small business person and relating to your customers in a warmer, more intimate way. alison kosik live at the new york stock exchange. thank you. >>> new twist on a very
that the climate is changing, do you really think that government can redesign the entire global economy, not just in the united states but in the entire world, in a more rational way? i think you're expecting too much from politics. >> not at all, matt. i'll give you just one example. and there are a legion of examples, by building up the c.a.f.e. standards, the miles per hour the cars are to get. we are burning significantly less petroleum because of what the obama administration has done to raise those standards. for every time we double the mileage requirement for cars, we are eliminating a significant amount of co2 that goes into the atmosphere. that's something government did, did it, you know, in a forthright fashion, and it is making a difference. >> okay. government put a man on the moon. government is not essentially incompetent. that's ridiculous argument. when we start taking steamship rides across the polar cap, i think you should admit something is going on a little different than, as you put it, weather changes. there ain't going to be a north pole anymore. where is santa claus goin
equalled 10% of the whole economy and now it equals just 7%. so go ahead, boggle your uncle's mind with this chart. the bars below zero represent years when the deficit grew. these bars above zero represent years when the deficit shrunk. we're here right now in the deficit shrunk portion of the chart. the point of the shrinking on the whole chart back to 1950. when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you can help with visual aids. we have posted both of those charts we just showed you on our blog and you can load them on your smartphone or ipad to pass around the table and print them out on paper in case your une
. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> we're back with jack hanna and me, crocodile morgan. save the best for last. this is fantastic. longest tongue of anything i have ever seen in my life. >> what he's doing -- >> let's see his tongue. >> the body temperature -- >> he's feeling i'm hot. >> exactly. >> he feels my warm blood. that's what the tongue is doing. >> these animals, the bite usually lethal. 95%. not venomous. the bacteria in the mouth is what causes it. the komodo dragon, he can bite the deer and follow it for a week, find it dead. this is the water monitor. this lives in the water. the animal's tongue. i don't know why you are picking up on you, not me. you must be hotter than me. this is one of the biggest lizards in the world. >> remarkable creature. >> what's this? >> stay over here. >> keep his head this way. >> whoa. >> remember we talked about the anac
't provide a will the of benefit to the economy. when tackling the fiscal cliff, we should ask ourselves, which are the most ineffective things. >> keep thinking, guys, that down the line here, the chorus over and over is going to be we all pay more and all get less. thanks for being here. we appreciate it. >>> thousands of people paid a lot to do cramming into stores everywhere. you might even be watching this on a new tv, but retailers needed more than hype. they needed red hot cash registers on this black friday. we'll tell you how sales added up today because a lot of jobs are counting on it. in just a few weeks after mitt romney's defeat, the gop is already looking forward to 2016. say it ain't so and there's another bush on the horizon. plus, we're following news of a massive gas explosion in massachusetts. take a look. we'll have details just ahead. hurry in this saturday and sunday for great deals. like the lucid by lg, free. or the galaxy nexus by samsung, free. this weekend, get the best deals on the best devices on the best network. exclusively at verizon. in that time there'v
decade. it's not only going to change the face of american demographics and the u.s. economy, it's going to change our economic standing across the globe. it resets everything. resets everything. >> and all starts tremendous consequences, u.s. reliance and dependence on the middle east obviously changes when we become a larger oil producer than saudi arabia. >> and maybe we can stop fighting wars in the middle east. >> maybe. >> we can go to north dakota instead. i'm telling you, those canadians, i don't trust they will. i do not trust them! >> hey, we need to figure out, what's the line that separates, you know -- >> we need a parallel. >> we need a parallel. a canadian parallel. the canadians and i've been talking about this for years -- >> i'm going to take a poll. may i take the cane and beat joe on the head with it? >> seriously, how many divisions -- >> all those who agree, raise their hands. >> a lot of canadians watch "morning joe." we don't want to hurt you, we want your oil. it would be good, right? is this what the dream of nafta was all those years ago? >> nafta is one of the
is going to be watching us screw it up again. and it's going to hurt the economy no matter who is in charge, it will hurt everybody, and we better darn well have a deal. i think they're the strongest push, better than the progressives, in getting a deal. your thoughts? >> i think dick durbin is a hero. i'd give him the medal of honor with oak leaf clusters. he was on our commission. when you give a spread between dick durbin and tom coburn and get five democrats and five republicans, one independent, 60% of the commission, a supermajority and everybody walks away because they all say, and durbin is tremendous, he's absolutely up front on that, but everybody is saying, well, it's the framework. we don't care whether our names are connected with it. call it rivlin/domenici, that's a beautiful piece of work, the gang of eight, but for god's sake get off your can and do something. unless you go big, go home, because on december 31st there's a mess floating around right now, about 7.2 trillion bucks worth of stuff in ten years. got to do something. senaocpehis $4 trillion cut over ten years is n
. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ i love the fact that quicken loans provides va loans. quicken loans understood the details and guided me through every step of the process. i know wherever the military sends me, i can depend on quicken loans. i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness, feel unusually tired, have loss of appetite,
a way to avoid that so called fiscal cliff that could raise your taxes and throw the economy back into recession. kristen welker is in our washington bureau. good morning. >> reporter: president obama is also facing a number of challenges overseas, as you say, from the unrest in the middle east to the continuing fallout over the attack on the u.s. consulate in benghazi. but the fiscal cliff looms large. president obama returning from a post-thanksgiving round of golf, but off the links, the clock is ticking. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many repu
-- how confident are you feeling about our economy? and anita hill gives us her take on women's ongoing political agenda. plus, restrictive abortion policy pushes some women pea be the line. walmart is ground zero for worker justice but does anyone care as long as prices stay low? >>> good morning. i'm melissa harris-perry. on friday, on the biggest shopping day of the year
over into the streets, claiming lives and plunging the country's economy into turmoil, and more importantly it is threatening the country's post-revolutionary progress. for a fourth straight night protest efforts attacked the offices of president mohamed morsi's freedom and justice party. the political wing of the muslim brotherhood. demonstrators are angry at president morsmorsi's latest decision, one that's reverting the country to a dictatorship. >> we want a contry of institutions, not symbolized in one person who makes all decisions and nobody can say no. >> reporter: morsi's decree gave him legislative powers and extended the time to write a new constitution by two months. morsi's decisions are beyond judicial challenge and dismissed the attorney general. now the attorney general backed by the country's powerful judges, many appointed by former dictator hosni mubarak, are fighting back. they have called for a nationwide strike in the courtrooms. president morsi and other islamist parties have blamed egypt's judiciary for blocking key reforms. it's why president morsi on fr
speeches in the past yet at the same time you look at the economy of egypt, and as a key power player in the region he will really emerge as the key peacekeeper. >> it will be a test for him. it will clearly be a test for him how he manages the relationship, the peace agreement with egypt's peace treaty with israel but at the same time how they handle the situation in gaza city where he does have a representative there. another point about this, this was in tel aviv, an attack on a bus. clearly targeting civilians. when you talk, the criticism in the last few days has been about the civilian misery in gaza city because of these destructive air strikes from the israeli military into gaza city. and our ben wedeman points out in these conflicts, it is, it is, it stans the test of time that it is civilians who bear the brunt of these disagreements between countries, between territories, between peoples, and this has been quite, quite difficult for civilians, no question. clearly in gaza city bracing for retaliation. >> reza sayah live for us this morning in cairo where we know secretary o
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